ABSTRACT
The mode of interaction between institutions matters: it matters for prosperity and peace. The nature of the paucity and dearth of interest in direct South-South institutional interregionalism is surprising. Literature on interregionalism so far is predicated on and even shaped by the pre-eminence of the European Union (EU). In 2000, Hänggi intimated that “interregionalism appears to have become a lasting feature of the international system. It may be expected that a wide array of forms and types of interregionalism will continue to coexist, thereby further enriching (and complicating) the emerging multi-layered system of global governance” (Hänggi 2000: 13). Fawcett also expressed the view that the potential for interregional cooperation was considerable (Fawcett 2004: 441).
